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WikiFX | 2025-01-02 14:39

Abstract:FXEM was incorporated in Mauritius in 2010. It is a broker that offers trading in forex as well as various CFDs, up to 90+ instruments. It supports trading through MT5 and has 4 other account types. At present, the broker is not subject to corresponding supervision.

FXEM Review Summary
Founded2010
Registered Country/RegionMauritius
RegulationUnregulated
Market InstrumentsForex, Precious metals,Equity Indices, Stocks, Energies, Commodities.
Demo Account✅
LeverageUp to 1:400
SpreadFrom 0 pips
Trading PlatformMT5
Min Deposit0
Customer Support
24/5 service
Physical Address: 10th Floor, Sterling Tower, 14 Poudrière St, Port Louis, Mauritius.
Email:: support@fxem.com
Social Media: Facebook, Twitter, Instagram,Youtube.

FXEM Information

FXEM was established in 2010 and registered in Mauritius. Currently, FXEM lacks valid regulations.

The company offers six asset classes: forex, commodities, precious metals,equity indices, stocks, and energies. It also provides access to the MT5 trading platforms and the demo account.

FXEM Information

Pros and Cons

ProsCons
The spread starts at 0Not support MT4
24/5 serviceNo Regulation
0 minimum deposit (Pharaoh)No payment method information is provided
support MT5
Providing Islamic accounts

Is FXEM Legit?

FXEM is an unregulated brokerage.

Is FXEM Legit?
Is FXEM Legit?

What Can I Trade in FXEM ?

FXEM offers 90+ trading instruments and 60+ forex pairs, including forex, commodities, precious metals,equity indices, stocks, and energies.

Forex:Trade CFDs on 60+ FX pairs with low spreads.

Commodities:Hard and soft commodities available.

Indices:Major US & European Stock Indices.

Precious Metals:Can trade Gold, Silver, Platinum, Palladium.

Stocks: Trade CFDs on global stocks

Energies:Offers Brent crude oil and natural gas with no hidden fees.

What Can I Trade in FXEM ?

Account Types

FXEM offers demo and Islamic trading accounts.

FXEM also has 4 account types to choose from: King, Caesar, Emperor, Pharaoh.

Among them, the minimum deposit is $0 and the maximum leverage is 1:400.

Account TypesKingCaesarEmperorPharaoh
Currency 1 (USD)YesYesYesYes
Currency 2 (EUR)YesYesYesYes
Minimum Leverage1:011:011:011:01
Maximum Leverage1:4001:4001:4001:400
Spread starting from1 pip0.7Zero1.6 pip
Commission applied?ZeroZero3 USDZero
Minimum Deposit1005001,000No
Maximum DepositNoNoNoNo
Tired Margin Applied?YesYesYesYes
InstrumentsFull RangeFull RangeFull RangeFull Range
Hedged margin50%50%50%100%
Margin call100%100%100%120%
Stop out50%50%50%100%
Order executionMarketMarketMarketMarket
Swap-freeAvailableAvailableNot AvailableAvailable
Minimum lot size0.010.010.010.01
Maximum lot sizeAs per the instrument SpicsAs per the instrument SpicsAs per the instrument SpicsAs per the instrument Spics
Account Types

To open an account, the user will need to fill out personal information on this page, including name, country, country number, and password, email,currency,and phone number.

Then press the ‘Register’ button to complete the account creation process.

Account Types

Leverage

The leverage is capped at 1:400 for all account types.

FXEM Fees

Emperor account spreads start from 0 pip.

Spreads on King accounts start from 1 pip, spreads on Caesar accounts start from 0.7.

Pharaoh account has the highest spreads, starting from 1.6 pip.

The Emperor account charges a commission of $3 and swap fees are charged. The remaining accounts do not charge commission and swap fees are waived.

Trading Platform

The trading platforms offered by FXEM are MT5. MT5 can be used on desktop, mobile, tablet and web.

Simultaneous provision of social trading services.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5✔Desktop, Mobile, Tablet, WebProfessional traders andbeginners
MT4❌
Trading Platforms

Deposit & Withdrawal

Information about deposit and withdrawal methods is not disclosed on the official website.

Related broker

No Regulation
FXEM
Company name:Empire Markets Limited
Score
2.28
Website:https://fxem.com
5-10 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
2.28

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